NSE List Price : ₹45.60

subscription

Category	Times
QIBs	0.01x
HNIs	1.19x
Retail	2.58x
Total : 1.87x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	4,000	₹228,000
Retail Maximum	2	4,000	₹228,000
S-HNI Minimum	3	6,000	₹342,000
S-HNI Maximum	8	16,000	₹912,000
B-HNI Minimum	9	18,000	₹1,026,000

About the Company

Armour Security India, established in August 1999, specializes in delivering a comprehensive range of security services, including armed personnel, manpower solutions, and consultancy for both commercial and residential clients across various industries. Over the years, the company has earned a strong reputation for offering reliable and complete security solutions throughout India.

Its service portfolio includes Private Security Services, Integrated Facility Management, Housekeeping, Event Management, Firefighting, Security Training, Supervision, and other Manpower Services. From security strategy and planning to day-to-day management, Armour Security India provides end-to-end private security solutions to sectors such as corporate, industrial, banking, healthcare, government, education, and universities.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹28.97	₹25.96	₹2.26	₹15.51
2024	₹33.10	₹29.60	₹2.62	₹23.61
2025	₹36.56	₹31.25	₹3.97	₹27.37
Sep 2025	₹19.69	₹15.81	₹2.90	₹32.10

Company Promoter

Mr. Vinod Gupta

Mrs. Arnima Gupta

Know before investing

• • Strengths

  Broad range of services—including security, facility management, housekeeping, and manpower solutions—minimizes dependence on any single line of business.

  Operations guided by compliance – Adherence to certifications and regulations enables engagement with major institutional and government clients.

   

• • Risks

  High client and government reliance – Dependence on a limited number of clients and government contracts can lead to fluctuations in revenue.

  Workforce-dependent risks – Heavy reliance on contractual labor makes the company vulnerable to wage increases, employee turnover, and regulatory compliance issues.

Objects of the Issue & Utilisation of proceeds

Funding of Working Capital requirement.
Funding Capital expenditure requirements for purchasing of machinery, equipment and vehicles.
Pre-payment/re-payment of, in part or full, certain outstanding borrowings of the Company.
General Corporate Purpose.

Company  Address

Armour Security India Ltd
B-87,
Second Floor Defence Colony
New Delhi, New Delhi, 110024
Phone: +91 9810139833
Email: cs@armoursecurities.com
Website: https://www.armoursecurities.com/

IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

IPO Review

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